Boba is the first cryptocurrency that uses Optimistic codebase with Layer 2 Ethereum scaling, reducing gas prices while providing faster transactions securely through smart contracts
Location: United States, California, Palo Alto
Total raised: $45M
Valuation: $1.5B
Investors 15
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Funding Rounds 1
| Date | Series | Amount | Investors |
| 05.04.2022 | Series A | $45M | - |
Mentions in press and media 13
| Date | Title | Description |
| 06.08.2024 | iOlyWorld Partners with Boba Network: Revolutionizing Blockchain Interoperability | Share Tweet Share Share Email Fast Speed, Low Fees, Consistent Trading iOlyWorld, a hybrid entertainment gaming world in digital asset trading, proudly announces its strategic partnership with Boba Network, an optimistic-based multichain la... |
| 29.06.2023 | BobaBNB sets a new record of over 3 million transactions in May, fueled by the growth of the ROVI Network | We covered BobaBNB last month after the startup set a new record with 2.8 million transactions processed, surpassing 45,000 wallets. Now the startup has just broken its previous record and achieved a new significant milestone. Today, Boba ... |
| 10.05.2023 | BobaBNB sets a new record with 2.8 million transactions processed in April, surpassing 45,000 wallets | We covered Boba Network back in April when the Ethereum blockchain startup saw a massive increase in the number of transactions on its BnB Chain network despite the ongoing slowdown in the crypto industry. The company reported an astounding... |
| 03.04.2023 | Boba Network records nearly 10,000% increase in transactions despite slowdown in the crypto industry | Ethereum blockchain startup Boba Network saw a massive increase in the number of transactions on its BnB Chain network despite the ongoing slowdown in the crypto industry. The company said an astounding increase of 9883.46% in transactions ... |
| 21.09.2022 | Boba Network launches on Avalanche, becoming the first ever L2 on Avalanche | Boba Network is the first multichain Layer-2 blockchain scaling and augmenting solution that offers lightning-fast transactions and fees up to 60x less than Ethereum. Since its inception five years ago, Boba has been pushing boundaries, pro... |
| 05.04.2022 | Blockchain startup Boba Network joins the unicorn club after raising $45M in Series A funding led by Will Smith and Paris Hilton-backed VC firms | Last week, we reported that Boba Network after the Ethereum blockchain startup partnered with Cere Network to integrate with its platform to provide decentralized data solutions to users. Today, Boba announced it has raised $45 million in ... |
| 05.04.2022 | Ethereum Scaler Boba Network Valued at $1.5B in $45M Series A | Boba Network, a novel system for improving Ethereum’s transaction capacity, has raised $45 million from a wide range of investors that included cryptocurrency exchange giants Huobi, Crypto.com and BitMart. In a sign of the times, the fundin... |
| 05.04.2022 | Boba Networks raises at $1.5B valuation for its take on an ‘optimistic’ Ethereum scaling solution | Ethereum scaling solution Boba Networks shared Tuesday that it has raised $45 million from a bunch of investors including Crypto.com, Huobi and BitMart, among a couple dozen others. The Series A round values the project at $1.5 billion. The... |
| 25.03.2022 | Cere Network to integrate with Boba Network to provide decentralized data solutions to users | The popularity of cryptocurrencies like Bitcoin and the shift to decentralized finance has led to the rapid adoption of blockchain technology and the explosion of other decentralized applications (dApps). This has led to the growing demand ... |
| 04.10.2021 | Bitcoin Steady at $48K as OMG Token Hits 3-Year High | While bitcoin and the broader crypto market look to be taking a breather, OMG, the native token of scaling product OMG Network, has reached its highest level since April 2018. Bitcoin, the top cryptocurrency by market value, was trading sid... |
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